🔻 $XRP is −6.1% on the day
Now 1.09, right at the bottom of its 24h range: 1.09 to 1.17.
If it pushes through 1.17, the next area is 1.21 (+10.5%).
If 1.09 breaks, the next area is 1.05 (−3.6%).
Either way, the idea is wrong once price closes back through 1.13 against you: that is where many traders place the stop, and size the position so that stop costs about 1% of the account.
These are range levels, not a prediction. Moves like this fade as often as they continue.
Continuation or reversal?
Not a recommendation.
#XRP #Crypto #VektorDaily
Now 1.09, right at the bottom of its 24h range: 1.09 to 1.17.
If it pushes through 1.17, the next area is 1.21 (+10.5%).
If 1.09 breaks, the next area is 1.05 (−3.6%).
Either way, the idea is wrong once price closes back through 1.13 against you: that is where many traders place the stop, and size the position so that stop costs about 1% of the account.
These are range levels, not a prediction. Moves like this fade as often as they continue.
Continuation or reversal?
Not a recommendation.
#XRP #Crypto #VektorDaily
